Trojan Electronics secures six-figure equity investment from Finance Wales
Finance Wales backs Swansea electronics provider to scale operations and accelerate software development.
Trojan Electronics is a Swansea-based services provider specialising in multichannel retail sales, contract electronic manufacturing, and asset recovery.
Trojan Electronics has secured a six-figure equity investment from Finance Wales to scale up its operations and support future growth. The funding will allow the company to accelerate the development of its bespoke warehouse management and reporting software at its facility in Swansea.
The company, which currently employs 150 staff, aims to double its annual turnover within the next three years. Finance Wales has maintained a long-standing relationship with the business, having previously provided funding for its launch and subsequent relocation to Kings Dock.
From the founder
"Since moving to our new Kings Dock facility we’ve been able to further develop our services by utilising our increased capacity and developing our bespoke warehouse management and reporting software. With Finance Wales’ latest investment we’ll be able to accelerate this development, boosting our growth and allowing us to maintain our high quality service to both existing and new customers."
Clive Murphy
Managing Director at Trojan Electronics
Investor perspective
"Trojan Electronics is an established business that’s adapted to changing market conditions over the last 14 years to become the market leader and important local employer it is today. The company has a strong, innovative business model, with significant future potential."
Leanna Davies
Finance Wales
Use of funds
- 01Scale operations
- 02Continue product development
Investors
Categories
About the company
Trojan Electronics
Trojan Electronics provides multichannel retail sales, contract electronic manufacturing, and asset recovery services.